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Insurers could help address climate risks

descriptionPublicationkeyboard_double_arrow_right Article , Journal 03 Aug 2011 South Africa Publisher:Springer Science and Business Media LLCJournal:Nature, volume 476, pages 33-33 (issn: 0028-0836, eissn: 1476-4687,

Authors: Nel, Deon; Shearing, Clifford; Reyers, Belinda;

doi: 10.1038/476033b

pmid: 21814265

handle: 11427/15372

Insurers could help address climate risks

- Summary
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Abstract

Working with South Africa’s largest short-term insurer, Santam, we investigated how communities should manage the increased risks associated with climate change. The global insurance industry has focused on refining the quantification, differentiation and pricing of the risk exposure of insured assets. Our findings call into question a sole reliance on this strategy (J. Nel et al. CSIR/NRE/ ECOS/2011/0063/B; CSIR, 2011).

Country

South Africa

Related Organizations

University of Cape Town
South Africa
Council for Scientific and Industrial Research
South Africa

Keywords

Climate Change, Risk Assessment, Risk Sharing, Financial, Insurance, South Africa, Weather

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	6
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average